Not necessarily.
Granted you may get more for your house if you sell it, BUT, you will also be paying a lot more to buy a new one.
well, they are paper profits. But tons of homeowners are paper millionaires, which is still a hell of a lot better than the poor renters who all have negative net worths dropping by the minute.
Most people don’t understand inflation.
Even at the average 3% inflation rate, if your net worth is not DOUBLING every 20 years, you are falling behind and don’t even realize it.